The last time hash ribbon gave us a buy signal, the price pulled back to its 0.618 fib level of the last swing. The new 0.618 level is around 36K, I will be looking to buy there like a madman.
Note
PS: don't get confused about the Rrs indicator, it's just a random name I gave to what I wrote, it's basically the same as RSI but I put the price I think the candle will close at, and it gives you the corresponding RSI. in that way, I can know at what price are we facing a divergence or not.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.